BLOOMIN' BRANDS INC (BLMN) Stock Technical Analysis
NASDAQ:BLMN - Nasdaq - US0942351083 - Common Stock - Currency: USD
Taking everything into account, BLMN scores 3 out of 10 in our technical rating. BLMN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, BLMN is a bad performer in the overall market: 91% of all stocks are doing better.
BLMN is part of the Hotels, Restaurants & Leisure industry. There are 132 other stocks in this industry, of which 83% are performing better than BLMN.
BLMN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
BLMN has an average volume of 2699730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
In the last month BLMN has a been trading in the 8.46 - 10.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BLMN has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
7.19
10.31
We found 4 important support areas.
- A support zone ranging from 9.22 to 9.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.25 from a trend line in the daily time frame.
- Support @7.67 from a trend line in the daily time frame.
- Support @7.26 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @9.94 from a trend line in the daily time frame.
- A resistance zone ranging from 10.17 to 10.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for BLMN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BLMN is neutral. |
| ChartMill Relative Strength | 9.92 | NEGATIVE | BLMN has a low relative strength, it was outperformed by 90.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BLMN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BLMN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BLMN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.18 | NEUTRAL | The RSI value for BLMN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests BLMN has a negative trend. |
| Stochastics (14,3) | 47.61 | NEUTRAL | The Stochastics value for BLMN is a neutral value. |
| Average True Range in percent/ATR (20) | 6.1 | HIGH VOLATILITY | The high ATR as a percentage value for BLMN suggests high volalility. |
| Average Directional Index/ADX (14) | 17.87 | NEGATIVE | The low ADX value for BLMN suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
9.23
-0.13 (-1.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-1.39%
1 Week-9.24%
2 Weeks-9.51%
1 Month-1.18%
3 Month16.1%
6 Month-18.25%
12 Month-53.15%
2 Year-65.65%
3 Year-54.73%
5 Year-19.88%
10 Year-60.37%
15 YearN/A
Volatility
ATR(14)0.59
ATR(20)%6.1%
ATR Inc-3.64%
Range Today0.6
ADR(20)0.54
ADR(20)%5.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.92
Mansfield-3.01
10 Day High10.28
10 Day Low9.06
20 Day High10.28
20 Day Low8.47
52 Week High21.45
52 Week Low6.09
CS1 End9.22
CR1 Start9.94
Volume & EV
DER(3)-0.6%
DER(5)-0.91%
Volume2.19M
Volume Incr-27.83%
Vol(5)1.94M
Vol(50)2.70M